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| Edited By: DNA Web Team |Source: DNA webdesk |Updated: Feb 18, 2018, 08:42 PM IST
Prime Minister Narendra Modi on Sunday had a busy schedule in Mumbai where he laid the foundation stone for the Navi Mumbai international airport and the Fourth Container Terminal at JNPT. After that, PM Modi went to BKC to attend the Magnetic Maharashtra summit attended by several members of India Inc, as well as global CEOs such as Richard Branson. He concluded his day by inaugurating the Wadhwani Institute of Artificial Intelligence
With the arrival of Artificial Intelligence, Bots and Robots, there is no doubt that our productivity will further go up. But, there are also rising fears of human redundancy because there is a competition between the mind and the machine, the PM said during his speech at the Wadhwani Institute.
Earlier, PM Modi also spoke of the importance Maharashtra played in India's overall development. "51% of FDI comes from Maharashtra," the PM said.
Earlier, Prime Minister Modi laid the foundation stone for the 16,700 Navi Mumbai airport and the JNPT Container Terminal on Sunday.
While addressing the crowd, PM Modi spoke on the importance of development and how his government had played a role in focusing on files that had on paper spoken on big projects, without any execution. He cited the airport and the terminal as prime examples of pending projects across the country.
With the PM laying the foundation stone, the Navi Mumbai International Airport, being built by the state-run Cidco and the GVK Group which also runs the Mumbai international airport, is all set to take off at a humongous cost of over Rs 16,700 crore.
Planned in 1997 as a secondary airport to meet the growing needs of Mumbai at an investment of Rs 3,000 crore, the project was inordinately delayed due to a myriad of factors, including political indecision, issues of environmental clearances and the funding.
Besides Modi, Maharashtra Governor CV Rao, Chief Minister Devendra Fadnavis, Civil Aviation Minister P A Gajapathi Raju, Union Transport Minister Nitin Gadkari will be present
In a packed schedule during his visit, Modi will also inaugurate the new container terminal at the Jawaharlal Nehru Port. The Prime Minister will also deliver the inaugural address at the Global Investors' Summit - Magnetic Maharashtra: Convergence 2018".
At the Magnetic Maharashtra summit, expected to be attended by 150 global CEOs, Indian business tycoons and ambassadors and consul generals, the state government hopes to sign a record 4,500 Memorandum of Understandings (MoUs) and investment intentions worth Rs 10 lakh crore.
Modi will inaugurate the Wadhwani Institute for Artificial Intelligence at the University of Mumbai.
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"Can the combination of teachers and AI help us bridge the gap in teacher student ratio. This will help us deliver quality education to every student across India. Can AI help take quality healthcare to every corner of India by expanding capacities of healthcare workers. Our Government is of the firm belief, that we can use this power of twenty-first century technology to eradicate poverty and disease. In doing so we can bring prosperity to our poor and under-privileged sections," said PM Modi
We need to Make Artificial Intelligence in India and Make Artificial Intelligence work for India! I would urge all of you to identify the grand challenges that Artificial Intelligence can solve for India: PM @narendramodi
— PMO India (@PMOIndia) February 18, 2018
"Can we take the global lead on creating Artificial Intelligence that is less about making humans redundant and more about enhancing human abilities and expanding human capacities? Can we make the future less about machines displacing humans to a future about humans becoming better humans by converting their weaknesses into their strengths for the greater good of mankind?" were some of the questions posed by the PM.
Later in the day, PM Modi spoke at the inauguration of the Wadhwani Institute of Artificial Intelligence. "This institute is a prime example of how the public sector and the private sector, can combine with good intention, to build a world-class institute, aimed at benefiting the poor. With the arrival of Artificial Intelligence, Bots and Robots, there is no doubt that our productivity will further go up. But, there are also rising fears of human redundancy because there is a competition between the mind and the machine. Technology opens entirely new spheres and sectors for growth, It also opens up an entirely new paradigm of opportunities. With each wave of new technology, many new opportunities arise. The road ahead for Artificial Intelligence depends on and will be driven by Human Intentions. It is our intention that will determine the outcomes of artificial intelligence. The march of Technology cannot be at the expense of further increasing the difference between societies over access to technology. The evolution of Technology has to be rooted in the ethic of Sabka Saath, Sabka Vikas," he said.
Mumbai needs constant infrastructral advancement. "There is a need for new roads, new bridges, new Matro and a new airport - all which will be now provided to you. Mumbai is a Maximum City with Maximum Aspirations," says PM Modi.
Ease of living is promoted to empower people, the PM said, adding that Rs 14 lakh cr will be spent on rural and agriculture. "This will create and generate more jobs in the rural sector. The people of Maharashtra, with the help of the state government will achieve targets.
The PM added that gas connections will be provided to an additional three crore people, taking the total number of Indians with gas connections to 8 crore.
"Education infrastructure will be strengthened by spending Rs 1 lakh crore In next four years," the PM added.
Structural and policy changes are helping farmers and downtrodden. "Our budget is not limited to outlay on output. We have dreams of providing housing for all by 2022 and power for all by 2019. We have already focuesed on clean fuel and healthcare for all in this current budget," the PM said.
This government scrapped 1400 laws in the past three years. New laws will not complicate things. We are reducing human interference
"Navi Mumbai airport and Mumbai Trans-Harbour Link will bring changes in the lives of Mumbaikars. In addition, 350 metro networks will open up new opportunities. The Mumbai-Nagpur Expressway is being termed as Maharashtra Samruddhi Corridor will transform the state and create 25 lakh jobs, the PM said.
"India's development is possible when state's prosper. There are talks that India will become a trillion dollar economy and if it happens, we will join an elite club. "People and investment friendly atmosphere is created and solving issues with minimal government interference," the PM said.
"Government is accountable. Democracy is participative when we want to build a transparent ecosystem," the PM added.
Such events are being organised by states to attract investment. I recently participated in similar events at Assam, Jharkhand and MP. What started in Gujarat congregated to Maharashtra. The government has taken stock of such initiatives to atttract investments. Ease of business paramaters in Maharashtra has improved its standing. Removing bottlenecks and inter-departmental cooperation have helped get more investors," the PM said, adding that 51% of the FDI has come from this state
Like at the airport launch, PM Modi began his speech in Marathi, saying he was happy to be part of the Magnet Maharashtra summit."Magnetic Maharashtra is best example of co-operative and competitive federalism," the PM said.
Watch the live video here
The next speaker, Baba Kalyani of Bharat Forge said that there would be a lot of investment in defence and hi-tech manufacturing. "We are setting up two plants in defence. And another two plants for sending parts for electric vehicles
Following Ratan Tata, Mahindra Group Chairman Anand Mahindra said, "I've realised the importance of Maharashtra and made it my home. Our group has prospered, with rural Maharashtra and Mumbai being our biggest markets. Mahindra is connected with state government initiative to revive 1,000 villages with involvement of private sector," he said.
He, however, added that Mumbai was a double-edged sword. "Transformation of villages like tell us what is for transformation of Mumbai. Our company is going to invest Rs 500 crore for the electric vehicle, as well as Rs 130 crore by Tech Mahindra. In addition, Mahindra will spend Rs 1700 crore in Kandivli for film and tourism," he added.
Tata empire began in Maharashtra in 1877 with a textile mill in Nagpur. It is home of several Tata Companies. Maharashtra is a vibrant state, and has a rosy future, Ratan Tata said at the conclave. "Tata will continue to invest and will do everything to uplift the people of Maharashtra. We have committed to work with the state government," he added.
The third speaker, Emerson of Emersion Electrics said, "India needs to be lauded for the Make in India and Digital India campaigns. "Trade between United States and India to increase from $500 billion to $130 billion. Emerson business has a large presence in India, with regionalised engineering.
India for region is our stragtey and we are investing in a $90 milion manufacturing facility in Chakan, which will employ 1600 people by 2020. "This is our commitment to Maharashtra," he said.
Virgin CEO Richard Branson said that a hyperloop would connect Mumbai and Pune passing through the Navi Mumbai airport that was earlier inaugurated by PM Modi. It will carry 150 million passengers annually, reduce time and cut operational costs. "It is 100% electric and will also create several jobs."
Mukesh Ambani says of the 2.50 lakh crore investment made by RelianceRs 22000 crore was invested in Maharashtra. He added that the company will set up for integrated industrial area will invest with global investors RS 60000 cr in 10 years. "Mega project will make Maharashtra more magnetic," he added.
PM Modi has arrived at Bandra-Kurla Complex
Mukesh Ambani along with Virgin chairman Richard Branson were also amongst those present
As PM Modi makes his way to the BKC fpr the Magnetic Maharashtra summit, there are several industrialists already present. Those present include Ratan Tata, N Chandrashekharan, Adi Godrej, Anil Agarwal of Sterlite Group, Baba Kalyani of Bharat Forge, Chanda Kochar of ICICI Bank, Uday Kotak of Kotak Bank, Gautam Singhania of Raymond, Ajit Gulabchand of HTC, Deepak Parikh of HDFC, SBI chairman, Ashish Chauhan, BSE CEO, Amitabh Kant CEO NITI Ayog, and Sonia Sethi additional DGFT.
For our Government, as important as new projects are completing the projects within the desired time frame. Delayed projects cause several problems: PM Modi
India's aviation sector is growing tremendously. There is a sharp increase in the number of people flying. This makes quality infrastructure in the aviation sector of prime importance. Our Government had the honour of bringing an aviation policy that is transforming the sector. We have ordered 900 more aircrafts to meet the demands of Indian fliers, says PM Modi.
Why can't people who wore Hawaii Chappal (Common man) sit in a Hawaii Jahaj (aeroplane), asks PM Modi. "This was my dream and the dream of the previous NDA government. We have achieved this," he added.
"In 1997, AB Vajpayee had suggested the proposal of the Navi Mumbai Airport. In 2018, when I'm the prime minister of the country, projects that are 20-30 years old have remained only in file stage. I personally monitor these projects. The Navi Mumbai airport was one such project and keeping progress in mind, I wanted this project to be sped up," says PM Modi. "Because of this, we're focusing on projects worth Rs 10,000 lakh crore and given them go-aheads. One of these projects is this airport," he adds.
Instead of over using roads and railways, using waterways will be an added advantage as we not only will reduce traffic, but focus on curbing global warming, says PM on the importance of waterways
A day before the Jayanti of the great Shivaji Maharaj I have the opportunity to come to Maharashtra, says PM Modi.
He adds that the The Sagarmala project is ushering not only development of ports but also port-led development
We can't speak of development globalization by sitting at home. We need world-quality infrastructure and India today, has achieved that
PM speech begin's with supporters yelling Bharat Mata Ki Jai.
He addresses the crowd in Marathi on his love for the state, before moving to Hindi
This is the largest green fields airport in the country, says CM Fadnavis
Earlier, Minister of roads and highways Nitin Gadkari said that the airport would be a massive boost to Mumbai
Maharashtra Chief Minister Devendra Fadnavis has started his address during the laying of the foundation stone of the Navi Mumbai Airport and the inauguration of the fourth container terminal at JNPT
CM Shri @Dev_Fadnavis has started his address at foundation stone laying ceremony of Navi Mumbai airport & inauguration of 4th Container Terminal at JNPT. Watch LIVE at https://t.co/CjoaAr2Eow pic.twitter.com/Y07dT3X99G
— BJP LIVE (@BJPLive) February 18, 2018
PM Modi reaches the venue to lay the foundation stone for the Navi Mumbai International Airport
#Maharashtra: PM Narendra Modi at foundation stone laying ceremony of Navi Mumbai International Airport. pic.twitter.com/DJKGhVn7B4
— ANI (@ANI) February 18, 2018
State-of-the-art infrastructure at 4th Container Terminal will double the capacity of @JNPort by 2022 with which the capacity of JNPT will be 100 lakh containers per year.#JNPTTheFutureReadyPort #Sagarmala #TransformingIndia pic.twitter.com/tqAApTGCXU
— Ministry of Shipping (@shipmin_india) February 18, 2018
Welcome Hon @narendramodi ji, to #MagneticMaharashtra
— Devendra Fadnavis (@Dev_Fadnavis) February 18, 2018
pic.twitter.com/itRamHOIGy
Maharashtra Governor Shri Vidyasagar Rao and CM Devendra Fadnavis welcomed PM Narendra Modi to Mumbai.
